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The global managed security services market is growing at a rapid pace, and the increasing complexity of enterprise architectures, coupled with a near-continuous stream of security threats and regulatory requirements, continues to fuel demand. A steady flow of new players is entering the sector, as well as a number of traditional companies expanding their offerings.

The company steps into new territory, competitively and technologically, with a new way to handle metrics and combine them with logs, while enhancing the accessibility of machine learning and augmenting its security offerings.

Splunk and Rocana have buried the hatchet. After a public spat in 2015 triggered by a Rocana blog post critical of Splunk, Splunk is now buying Rocana's assets. It obtains the target's technology assets but says its primary interest is in its engineering talent.

The company has featured customers that use ITSI both in the IT department to help speed up root cause analysis and in the lines of business to track user activities in the context of technology performance.

At its recent .conf2016 user conference in Orlando, Splunk rolled out machine learning in two ways: as an integrated core capability for some Splunk applications, and as a Machine Learning Toolkit app for the core Splunk Enterprise and Splunk Cloud platforms for more expert users.

Buildings' internal systems are already starting to get smart through incorporating IoT, but the IBM Watson IoT platform has introduced cognitive processing so that buildings 'think' about the world around them, providing a pattern for other verticals to consider.

With the ink barely dry on its acquisition of anomaly-detection and machine-learning vendor Metafor, Splunk is back for more with the acquisition of machine-learning and behavior-analytics vendor Caspida, which brings behavioral analytics to Splunk's analytics-enabled SIEM.

With the ink barely dry on its acquisition of anomaly-detection and machine-learning vendor Metafor, Splunk is back for more with the $190m acquisition of machine-learning and behavior-analytics vendor Caspida.